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7:46 am
Mon October 14, 2013

3 American Economists Win Nobel Prize

Transcript

STEVE INSKEEP, HOST:

OK, the Nobel Memorial Prize in economics was awarded today to three American men - Eugene Fama, Lars Peter Hansen, Robert Shiller. The Nobel committee cited their research in the predictability of stock prices, as well as other asset prices. We're going to find out more now from Zoe Chace of NPR's Planet Money team. She's on the line. Hi, Zoe.

ZOE CHACE, BYLINE: Hi, Steve.

INSKEEP: Each of these guy's names is a little familiar, I think to the layman, especially maybe Shiller. Who are they?

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Krulwich Wonders...
7:43 am
Mon October 14, 2013

Watch Daniela. She's Up To Something Big

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Originally published on Tue October 15, 2013 11:03 am

Somebody should be watching Daniela Rus and her pals at MIT, because what they are doing is so crazy, so potentially important, people need to know about them. Not because they're dangerous, but because what they're doing might be changing the world and nobody should change the world without the world noticing.

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Europe
7:29 am
Mon October 14, 2013

Three U.S. Economists Win Nobel Prize

Americans Eugene Fama, Lars Peter Hansen and Robert Shiller won the Nobel prize for economics on Monday for developing new methods to study trends in asset markets.

The Royal Swedish Academy of Sciences said the three had laid the foundation of the current understanding of asset prices.

While it's hard to predict whether stock or bond prices will go up or down in the short term, it's possible to foresee movements over periods of three years or longer, the academy said.

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Europe
6:37 am
Mon October 14, 2013

Man Leaves Wife Accidentally At Gas Station

Transcript

DAVID GREENE, HOST:

Good morning. I'm David Greene. If you've forgotten to replace the fuel cap at the gas station, you could do worse. A German man was driving back from his honeymoon in France. He pulled over to fuel up, thinking his bride, sleeping in the back seat, remained put. She actually got out to use the facilities. He drove on, and two and a half hours later, he noticed his wife was gone. The man called police, who said she was patiently waiting back at the gas station. This is probably not what she meant when she said, no better or for worse.

Around the Nation
6:24 am
Mon October 14, 2013

Chiefs Break Record For Loudest NFL Stadium

Transcript

STEVE INSKEEP, HOST:

Good morning, I'm Steve Inskeep.

Kansas City football fans broke the record yesterday for loudest stadium in the NFL. Fans of the Chiefs were recorded howling at over 137 decibels as the Chiefs defeated Oakland. Now, you may wonder just how loud 137 decibels is. That's considered beyond the threshold of pain, louder than a loud rock concert, almost as loud as a jet engine, and nearly as annoying as two soccer fans with vuvuzelas.

It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Analysis
4:43 am
Mon October 14, 2013

Shutdown In Day 14, Debt Ceiling Deadline Nears

Congress and the White House continue to work through the twin fiscal crises of funding for the federal government and the debt ceiling. Steve Inskeep and David Greene explore the dimensions of this massive political drama with Cokie Roberts, who weighs in on political topics most Mondays on Morning Edition, Robert Costa of the National Review, who's been following developments on Capitol Hill, and Terence Samuel of The Washington Post, who has been following public attitudes nationally.

Asia
4:31 am
Mon October 14, 2013

China Experiences Surprise Drop In Exports

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a slide in Chinese exports.

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INSKEEP: Chinese exports showed a surprise drop last month, according to government figures.

As NPR's Frank Langfitt reports, the September numbers underscore some of the challenges facing the world's second-largest economy.

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Economy
4:29 am
Mon October 14, 2013

U.S. Political Standoff Hangs Over IMF, World Bank Meetings

The world's top financial officials were in Washington, D.C. over the weekend for the annual meetings of the International Monetary Fund and the World Bank. The partial government shutdown and the debt ceiling standoff were hot topics among the visiting world financial leaders.

Media
4:21 am
Mon October 14, 2013

Readers Lament 'International Herald Tribune' Name Change

Transcript

DAVID GREENE, HOST:

The International Herald Tribune is about to change its name. In these difficult days for print journalism, fans of the Paris-based English newspaper are grateful that it's still being published. But the change is prompting a good bit of nostalgia.

NPR's Eleanor Beardsley in Paris explains why.

(SOUNDBITE OF FOOTSTEPS)

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